Red Cat Holdings Acquires Teal Drones

Red Cat Holdings Acquires FlightWave Aerospace Systems

September 5, 2024

Aerospace & Defense

Red Cat Holdings (Nasdaq: RCAT) has closed the acquisition of FlightWave Aerospace Systems, bringing FlightWave’s Edge 130 Blue military-grade VTOL tricopter and related sensors/software into Red Cat’s product portfolio. The deal expands Red Cat’s family of unmanned systems and adds a new defense-focused revenue stream while enabling ramped manufacturing of the Edge 130.

Red Cat Holdings Acquires Skypersonic Inc.

February 16, 2021

Aerospace & Defense

Red Cat Holdings signed a definitive agreement to acquire Skypersonic, a developer of caged miniature drones and indoor GPS positioning/software for remote inspections. The acquisition brings Skypersonic's patented hardware, Skyloc software and intellectual property into Red Cat's growing drone platform to expand capability and inspection services across automotive, energy and other industrial markets.

UAS Drone Corp. Acquires Duke Robotics, Inc.

July 1, 2020

Aerospace & Defense

UAS Drone Corp. (OTC: USDR) completed its acquisition of Duke Robotics, Inc., with Duke Robotics becoming a wholly-owned subsidiary after a share exchange that issued Duke shareholders stock representing 71% of the post-transaction capitalization. The combined company will focus on Duke Robotics' military UAS technology (TIKAD) and Duke's management and board now hold key leadership positions in the combined business.

DroneUp Acquires Web Teks

March 16, 2021

Software

DroneUp has acquired Web Teks, an enterprise software developer that built DroneUp's proprietary platforms and integrations. The acquisition brings Web Teks' engineering and FAA LAANC integration expertise in-house to accelerate product innovation and platform development for DroneUp's drone services.

TransDigm Acquires DART Aerospace for Approximately $360M

March 14, 2022

Aerospace & Defense

TransDigm Group Incorporated agreed to acquire DART Aerospace, a Montreal-based manufacturer of helicopter mission equipment, from Greenbriar Equity Group and First Aviation Services for approximately $360 million in cash. DART, which generates roughly $100 million in pro forma 2022 revenue and employs about 400 people across facilities in Canada, the U.S. and Mexico, was acquired to expand TransDigm's proprietary product and aftermarket capabilities; the deal is expected to close in Q2 2022 subject to customary approvals.

Raytheon Technologies to Acquire Blue Canyon Technologies

November 10, 2020

Aerospace & Defense

Raytheon Technologies has entered into a definitive agreement to acquire small-satellite manufacturer Blue Canyon Technologies. The acquisition will fold BCT into Raytheon Intelligence & Space and expand Raytheon's capabilities in turnkey small-satellite solutions to serve government, commercial and academic customers.